3, MONKSFIELD CLOSE, SUNDERLAND, SR3 2SB - £176,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MONKSFIELD CLOSE is a very small extended detached house of 88m², built sometime between 1983 and 1990. It was last sold for £176,000 in June 2020, which was around 19% below the average June 2020 detached price in the Sunderland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

3 MONKSFIELD CLOSE Sold Prices

Land registry data shows three sales for 3 MONKSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. All of the three 3 MONKSFIELD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 24 JUN	£176,000	£217,918	19% below HPI
2017 20 DEC	£175,000	£208,301	16% below HPI
2005 30 SEP	£155,000	£205,480	25% below HPI

3 MONKSFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The three 3 MONKSFIELD CLOSE sales between September 2005 and June 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 MONKSFIELD CLOSE?

3 MONKSFIELD CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 3 MONKSFIELD CLOSE lies on this distribution: 19% of detached houses are smaller than 3 MONKSFIELD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

3 MONKSFIELD CLOSE: Plot and Title Map

3 MONKSFIELD CLOSE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 3 MONKSFIELD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 MONKSFIELD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 MONKSFIELD CLOSE?

3 MONKSFIELD CLOSE is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 3 on MONKSFIELD CLOSE.